Biden admin paid Reuters $300M as it reported on Adani: coincidence or conflict?

| Updated: 23 December, 2024 12:06 pm IST
Biden admin paid Reuters $300M as it reported on Adani: coincidence or conflict.
Biden admin paid Reuters $300M as it reported on Adani: coincidence or conflict. (Photo Illustration: Swastik Sharma)

NEW DELHI: Questions are being raised about potential conflicts of interest after reports emerged that the Biden administration paid over $300 million to Reuters under various government contracts. This revelation has sparked debate, particularly in light of Reuters’ recent coverage of Indian conglomerate Adani Group, which has been under scrutiny following allegations of corporate malfeasance.

 

The payments were uncovered through a search on USAspending.gov, a U.S. government portal that tracks federal spending. According to the database, Reuters received these funds through a series of contracts spanning several years. While media organizations frequently enter into government contracts for specific projects like public information campaigns, the substantial amount paid to Reuters has drawn public attention.

 

Reuters’ reporting on the Adani Group, one of India’s largest corporate entities, has also come under the spotlight. The organization published several investigative pieces scrutinizing Adani’s business practices, particularly its alleged links to tax havens and stock manipulation. These reports, which gained global traction, contributed to a narrative that raised doubts about the company’s financial integrity and operations.

 

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Critics argue that the timing of Reuters’ coverage and its financial ties to the Biden administration warrant scrutiny. Some have suggested that the media outlet’s reporting could have been influenced by external pressures, including geopolitical interests. India’s strengthening ties with the United States, combined with Adani Group’s strategic role in India’s infrastructure development, make the controversy even more significant.

 

Supporters of Reuters, however, dismiss these claims as baseless conspiracy theories. They emphasize that Reuters is a globally respected news organization with a long history of independent journalism. The contracts, they argue, are unrelated to the newsroom’s editorial decisions and were likely for services like media monitoring, analysis, or dissemination of public information.

 

ALSO READ: Press urges Joe Biden to address media during overseas trip

 

The Biden administration has yet to comment on the nature of the contracts with Reuters or address the speculation surrounding them. Similarly, Reuters has not issued a statement clarifying the connection between its government contracts and editorial decisions.

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